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Capitol Bancorp Ltd.
Case Number:
2:12-bk-58409
Court:
Nature of Suit:
Firms
Companies
- Capitol Bancorp Limited
- Cincinnati Financial Corp.
- FTI Consulting Inc.
- Kurtzman Carson Consultants LLC
- Massachusetts Mutual Life Insurance Co.
- Talmer Bancorp Inc.
- U.S. Bancorp
- Wells Fargo & Co.
- Wilmington Trust Corp.
Government Agencies
Sectors & Industries:
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January 29, 2014
Capitol Bancorp Judge Confirms Liquidation Plan
Capitol Bancorp Ltd. received the go-ahead to begin winding down as a bankruptcy judge signed off its liquidation plan Wednesday, just a couple of months after it won court approval to sell its subsidiary banks to Wilbur Ross Jr.'s Talmer Bancorp Inc.
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November 22, 2013
Capitol Bancorp Judge OKs Bank Sale Over Creditor Protests
Capitol Bancorp Ltd. on Friday received a bankruptcy court's approval of its bid to sell off its remaining subsidiary banks for $4 million in cash and a $90 million equity contribution despite creditors' cries that the sale offers them almost no recovery.
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August 05, 2013
Bankrupt Capitol Bancorp Faults FDIC For Bank Seizures
Bankrupt Capitol Bancorp Ltd. accused the Federal Deposit Insurance Corp. on Friday of interfering with the bank holding company's efforts to sell off its remaining community banks by improperly pushing to have them closed instead.
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July 12, 2013
Creditors Denied Standing To Sue Capitol Bancorp Officials
A Michigan bankruptcy judge on Thursday refused to authorize Capitol Bancorp Ltd.'s creditors to sue the bank holding company's top brass over alleged fraudulent transfers and breaches of fiduciary duty.
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June 17, 2013
Creditors Balk At Capitol Bancorp's Plan To Sell Off Banks
Creditors of Capitol Bancorp Ltd. on Friday urged a Michigan judge to allow changes to the bankrupt company's plan to sell off its remaining nondebtor subsidiary banks, saying the current proposal doesn't give creditors enough input in the bidding process.
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May 17, 2013
Capitol Bancorp To Sell Subsidiary Banks Under New Plan
Capitol Bancorp Ltd. on Thursday submitted a new Chapter 11 liquidation plan whereby it hopes to sell off all of its remaining nondebtor subsidiary banks, replacing the prepackaged plan that it entered bankruptcy with in Michigan last summer.